Economic Reality, July 2014 (#47)
Automatically translated summary. The full text is available in Romanian.
The July 2014 issue (#47) of Economic Reality, published by the Independent Think Tank “Expert-Grup”, finds that Moldova's economy is increasingly reorienting towards the European Union market, as exports to the EU rose and exports to the CIS fell during the first five months of the year.
In the first five months, the volume of exports to the EU grew by 22.5%, while exports to the CIS fell by 18.8% compared with the previous year. As a result, 53.8% of Moldova's exports went to the EU market and only 31.8% to the CIS.
In the same period of 2013 the distribution was more balanced: 44.8% of exports went to the EU and 39.9% to the CIS. The new issue also includes our experts' comment on recent statements by Veaceslav Ioniță, Chair of the parliamentary committee on “Economy, Budget, Finance”, concerning the new laws undertaken by the Government.
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